AUDUSD Weekly Technical Outlook (16-20 March, 2015) | March 14, 2015

Audusd had rejected from its near termed resistance level at 0.7730. In this level this pair fail to break upside. Then we saw that this pair has fallen from that level. It can continue its down rally if this pair stay below 0.7730 resistance level. Last week this pair made lower low. There are another chance to make lower low. So we can stay on sell mode from the resistance level.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 0.7824

Resistance One (R1): 0.7729

Pivot Point: 0.7644

Support One (S1): 0.7549

Support Two (S2): 0.7464